- Payday loans in Wood Village follow Oregon law (ORS chapter 725A).
- Borrowing $300 at the state maximum costs About $39 on a 31-day loan ($30 origination fee plus 36% interest).
- The nearest larger city is Gresham, about 3 miles away.
Wood Village at a glance
| Wood Village | |
|---|---|
| Population (2024 Census estimate) | 4,722 |
| Change since 2020 | +7.6% (growing fast) |
| County | Multnomah County |
| Size rank among 211 Oregon places we cover | 81st |
| Nearest larger city | Gresham (about 3 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in Multnomah County | 11 |
| Other towns within 25 miles | 24 (about 1,328,944 residents) |
| Typical payday APR statewide (CRL 2023) | 140% |
Payday lending in Wood Village follows Oregon state law. Lenders that serve Wood Village, in a store or online, must be licensed by the Oregon Division of Financial Regulation.
Credit unions near Wood Village
No credit union has its main office in Wood Village, but these are based elsewhere in Multnomah County (NCUA, June 2026):
- Trailhead Federal Credit Union in Portland (federal charter — may offer payday alternative loans (PALs))
- Pacific N W Federal Credit Union in Portland (federal charter — may offer payday alternative loans (PALs))
- Consolidated Federal Credit Union in Portland (federal charter — may offer payday alternative loans (PALs))
- Ibew & United Workers Federal Credit Union in Portland (federal charter — may offer payday alternative loans (PALs))
- Ironworkers Usa Federal Credit Union in Portland (federal charter — may offer payday alternative loans (PALs))
Only federal credit unions can offer payday alternative loans (PALs), capped at 28% APR; state-chartered credit unions often have their own small-loan products. Membership rules apply, and only main offices are listed here; find branches near you with the NCUA Credit Union Locator. See how PALs work.
Payday loan rules that apply in Wood Village
The main Oregon rules for a payday loan in Wood Village: minimum term: 31 days; interest: 36% a year; origination fee: $10 per $100, up to $30 on a new loan. See the full Oregon payday loan rules.
What a $300 loan costs in Wood Village
At Oregon’s maximum fee, borrowing $300 costs About $39 on a 31-day loan ($30 origination fee plus 36% interest). Statewide, the typical APR on a $400 payday loan was 140% (Center for Responsible Lending, June 2023). Check any offer with our payday loan calculator.
Other help in Multnomah County before you borrow
- Call or text 211 for help with rent, utilities and food in Multnomah County.
- Ask a federal credit union about a PAL: $200–$2,000 at no more than 28% APR (how PALs work).
- Check your bank app for a small-dollar loan or early pay (bank options).
- Try a cash advance app if you have direct deposit (apps compared).
Towns near Wood Village
The nearest larger city is Gresham, about 3 miles away. See all 211 Oregon cities.
Need cash before payday?Send one free request to our lender network. We are not a lender; offers and rates come from lenders.
Request a loanFrequently asked questions
Are payday loans legal in Wood Village?
Yes. Payday loans are legal in Wood Village under Oregon state law, and lenders must be licensed by the Oregon Division of Financial Regulation.
How much does a payday loan cost in Wood Village?
At Oregon’s maximum fee, borrowing $300 costs About $39 on a 31-day loan ($30 origination fee plus 36% interest). The typical statewide APR was 140% in 2023.
Where is the nearest credit union to Wood Village?
No credit union is headquartered in Wood Village, but Trailhead Federal Credit Union is based in Portland, also in Multnomah County.
Sources
- U.S. Census Bureau — City and town population totals, Vintage 2024
- U.S. Census Bureau — 2024 Gazetteer files (place locations)
- NCUA — Credit union call report data, June 2026 (FOICU)
- Oregon DFR — Payday loans
- Center for Responsible Lending — Red Alert Rates: APRs on $400 single-payment payday loans (June 2023)
- CDFI Fund — NCUA payday alternative loans summary